Sound Energy plc (LON:SOU – Get Free Report) shares were up 15.7% during trading on Thursday . The stock traded as high as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01). Approximately 6,874,458 shares were traded during trading, an increase of 92% from the average daily volume of 3,583,872 shares. The stock had previously closed at GBX 0.78 ($0.01).
Sound Energy Stock Performance
The company has a market cap of £17.44 million, a PE ratio of -87.30 and a beta of 1.69. The stock has a 50 day simple moving average of GBX 0.92 and a two-hundred day simple moving average of GBX 0.81. The company has a debt-to-equity ratio of 19.05, a current ratio of 1.87 and a quick ratio of 2.08.
Sound Energy Company Profile
Sound Energy plc, through its subsidiaries, engages in the exploration, appraisal, and development of gas assets in Morocco. It operates through exploration and appraisal; and development and production segments. The company holds 75% interests in the Greater Tendrara project that covers an area of approximately 14,411 square kilometers; the Tendrara project, which covers an area of approximately 133.5 square kilometers; and the Anoual project covering an area of approximately 8,873 square kilometers located in Eastern Morocco, as well as the Sidi Mokhtar project that covers an area of approximately 4,712 square kilometers.
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